Which of the following would be classified as a credit item on the current account of the balance of payments of Pakistan? (Pick either a,b,c, or d) a) payments made to a French airline by Pakistani business people traveling from Pakistan to France b) money spent in Pakistan by Egyptian tourist c) reinvestment in Pakistan of profits by Pakistani owners of clothes companies in Sri Lanka d) purchase of vacations from Cuba by Pakistani hospitals
Which of the following would be classified as a credit item on the current account of the balance of payments of Pakistan? (Pick either a,b,c, or d) a) payments made to a French airline by Pakistani business people traveling from Pakistan to France b) money spent in Pakistan by Egyptian tourist c) reinvestment in Pakistan of profits by Pakistani owners of clothes companies in Sri Lanka d) purchase of vacations from Cuba by Pakistani hospitals
Chapter19: The International Monetary System: Order Or Disorder
Section: Chapter Questions
Problem 2TY
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Which of the following would be classified as a credit item on the current account of the balance of payments of Pakistan? (Pick either a,b,c, or d)
a) payments made to a French airline by Pakistani business people traveling from Pakistan to France
b) money spent in Pakistan by Egyptian tourist
c) reinvestment in Pakistan of profits by Pakistani owners of clothes companies in Sri Lanka
d) purchase of vacations from Cuba by Pakistani hospitals
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